Question
Consider a project with the following cash flows: Year Cash Flow 0 12000 1 3000 2 3000 3 3000 4 3000 Assume the appropriate discount
Consider a project with the following cash flows:
| Year | Cash Flow |
| 0 | 12000 |
| 1 | 3000 |
| 2 | 3000 |
| 3 | 3000 |
| 4 | 3000 |
Assume the appropriate discount rate for this project is
10%.
The payback period for this project is closest to:
A.3.2
B.6
C.4.8
D.4
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Financial Management Theory And Practice
Authors: Prasanna Chandra
10th Edition
9353166527, 978-9353166526
